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L&T Launches Second Multi Purpose Vessel for Indian Navy

L&T Launches Second Multi Purpose Vessel for Indian Navy

15 January 2025

Larsen & Toubro (L&T) has launched the Indian Navy’s second Multi-Purpose Vessel (MPV), INS Utkarsh, from its Kattupalli Shipyard near Chennai. This launch comes just three months after the first MPV, INS Samarthak, and is a step in expanding the country’s Navy fleet. INS Samarthak is currently undergoing tests and trials before being handed over …

CESC Shares Dividend Issue Record Date Is Tomorrow, January 16, 2025

CESC Shares Dividend Issue Record Date Is Tomorrow, January 16, 2025

15 January 2025

CESC declared a dividend of ₹4.50 per share, announced on January 10, 2025. The ex-dividend date for shareholders to be eligible for the payout is set for tomorrow, January 16, 2025. Corporate Action History CESC has consistently declared interim dividends of ₹4.50 per share in recent years. The company announced the latest dividend of ₹4.50 …

Aditya Birla Fashion Approves ₹5,000 Crore Fundraising Plan

Aditya Birla Fashion Approves ₹5,000 Crore Fundraising Plan

15 January 2025

Aditya Birla Fashion Ltd announced that its board has approved plans to raise ₹5,000 crore, following a meeting held on Wednesday, January 15, 2025. The funds will be raised through a combination of methods, including a preferential issue of shares and Qualified Institutional Placement (QIP). QIP Details The company stated in its exchange filing that …

Sun Pharma Share Price Trades 1.07% Lower on January 15, 2025

Sun Pharma Share Price Trades 1.07% Lower on January 15, 2025

15 January 2025

On January 15, 2025, Sun Pharma share price traded down by 1.05% at 11:58 AM (IST) at ₹1749.80, up for the second con while the BSE benchmark Sensex gained 269.62 points to 76,769.26. Sun Pharma’s share price reached a 52-week high of ₹1,960.23 on November 30, 2024, and a 52-week low of ₹1,290.70 on January 18, 2024. …

J&K Bank Receives SEBI Warning for Delay in Disclosing New CEO Appointment

J&K Bank Receives SEBI Warning for Delay in Disclosing New CEO Appointment

15 January 2025

Jammu and Kashmir Bank (J&K Bank) has received an administrative warning from the Securities and Exchange Board of India (SEBI) over a delay in disclosing the appointment of its new Managing Director and CEO, Amitava Chatterjee. The private sector lender informed stock exchanges about this development on Tuesday, January 14, 2025. Appointment Details and Regulatory …

Escorts Kubota Share Price Gains; Wins Income Tax Case For AY 1986-87

Escorts Kubota Share Price Gains; Wins Income Tax Case For AY 1986-87

15 January 2025

Escorts Kubota, a prominent player in the farm and construction equipment sector, announced a significant legal victory on Tuesday, January 14, 2025. The Delhi High Court dismissed the appeal filed by the Income Tax Department against the company for the assessment year (AY) 1986-87. The court order, dated January 10, 2025, was made publicly available …

BSE Share Price Trades 6% Higher on January 15, 2025

BSE Share Price Trades 6% Higher on January 15, 2025

15 January 2025

On January 15, 2025, the BSE share price was trading up by 6.05% at ₹5,778.0 as of 11:58 AM (IST), marking its second consecutive session of gains. Meanwhile, the BSE benchmark Sensex rose by 302.48 points to reach 76,802.35. The BSE share price had previously hit a 52-week high of ₹5,837.95 on December 20, 2024, …

Olectra Greentech Share Price Drops 3.26% on January 15, 2025

Olectra Greentech Share Price Drops 3.26% on January 15, 2025

15 January 2025

Olectra Greentech Ltd has been in focus on Wednesday. On January 15, 2025, Olectra Greentech share price (NSE: OLECTRA) opened at ₹1,409.00, down from its previous close of ₹1,435.95. At 11:20 AM, the share price of Olectra Greentech was trading at ₹1,389.10, down by 3.26% on the NSE. Notably, the stock price touched its 52-week low recently …

Sula Vineyard Shares Rose Over 3%: Recorded Highest Ever Own Brand Revenue in Q3 FY25

Sula Vineyard Shares Rose Over 3%: Recorded Highest Ever Own Brand Revenue in Q3 FY25

15 January 2025

Sula Vineyard share price rose over 3% and touched the day high of ₹389 at 09:20 AM, after opening at ₹382.05 on BSE. The gain in Sula Vineyard shares came after the company reported a sales update for the Q3FY25, wherein, it reported its highest-ever own brands revenue of ₹194.7 crore, reflecting a rise of 1% YoY. …

Hathway Cable Shares Dropped Over 2%: Net Profit Slipped 39% in Q3FY25

Hathway Cable Shares Dropped Over 2%: Net Profit Slipped 39% in Q3FY25

15 January 2025

Hathway Cable & Datacom Ltd, a cable television distribution company, reported a YoY fall of ~39% in net profit for the third quarter ending December 31, 2024, posting ~₹13.6 crore compared to ~₹22.4 crore in the same period last year. Hathway Q3FY25 Operational Performance The company’s revenue from operations rose 1.3% to ₹511.2 crore, up …

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